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Valley facility leased to Amazon changes hands in largest industrial sale this year
A 1.2 million-square-foot warehouse fully leased to Amazon has sold in the largest single-building industrial transaction so far this year for metro Phoenix. The Glendale facility was acquired earlier this month by an entity connected to BlackRock Realty Advisors Inc. for $128.1 million in an all-cash deal, or more than $100 per square foot, according to Maricopa County and Arizona Corporation Commission records.
BRIX Holdings Enters Four-Unit Franchise Agreement in Arizona, Missouri
Dallas — Dallas-based food-and-beverage franchising company BRIX Holdings LLC has entered into an agreement with franchise owner Richard Stassi to open four new units in Arizona and Missouri. Stassi will open three Smoothie Factory + Kitchen and Red Mango co-branded shops within the next three years in metro Phoenix and Scottsdale, Arizona. The first of the units is scheduled to open in early 2025. Franchisee Gary Patel signed the fourth deal with Stassi and will open a Red Mango store in Kansas City, Missouri, in early 2025, marking the first entry into the state for the brand. BRIX also owns the chains Friendly’s and Orange Leaf and recently acquired Clean Juice.
AZ Briefing: Can Kamala Harris win Arizona? Here's what to know; Do delegates have to vote for Biden?; Drop in measles protection in schools
Good morning, Arizona. Here's what our reporters are working on and what you should know before you start your day. Facing mounting pressure from Democratic leaders, President Joe Biden ended his reelection bid and quickly endorsed Kamala Harris as the Democratic nominee. As Biden sagged recently in the Arizona polls,...
Tucson Turf comes close to reaching Boys 15U NFL Flag Championships title game
Tucson Turf’s 15U boys team representing the Arizona Cardinals came close to playing for the title of the NFL Flag Championships at Canton, Ohio, on Sunday, but receiver Sean Roebuck was ruled by referees to have stepped out of bounds before reaching the end zone as time expired against Metro Select (Saints).
West broiling, burning despite drought relief
SACRAMENTO, Calif. (CN) — While California and Nevada remain virtually drought-free, climate experts say extreme heat and wildfire risk may continue plaguing the West for months. Scientists with the National Oceanic and Atmospheric Administration said during a webinar Monday that ongoing heat events across the West present a major...
Proposed fee increase for Arizona Strip would give recreation areas a needed facelift
ST. GEORGE — While more people than ever are frequenting camping resources on the Arizona Strip, user fees have remained unchanged for over 25 years. However, in recent months, the Bureau of Land Management has been gathering public input to determine whether this needs to change. The Arizona Strip...
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